WEBSITE BSE:532057 NSE: ABHINAV CAP Inc. Year: 1994 Industry: Finance - NBFC My Bucket: Add Stock
Last updated: 10:26
No Notes Added Yet
1. Business Overview
Abhinav Capital Services Ltd. is an India-based Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). Its core business involves providing financial services, primarily engaged in financing activities, investing in shares and securities, and trading in capital markets. The company generates revenue through interest income from its lending operations, capital gains and dividends from its investment portfolio, and potentially trading profits from its securities activities.
2. Key Segments / Revenue Mix
Based on publicly available information, Abhinav Capital Services Ltd. primarily operates within the financing and investment domain. While specific segment-wise revenue breakdown is not readily available, its activities broadly encompass:
Financing Activities: Providing loans and advances to individuals and businesses.
Investment Activities: Investing in shares and other securities for long-term gains and dividends.
Trading Activities: Engaging in trading in capital markets for short-term profits.
It is likely that interest income from financing and gains from investments constitute the major components of its revenue.
3. Industry & Positioning
Abhinav Capital operates in the highly competitive Indian Non-Banking Financial Company (NBFC) sector. The industry is characterized by a diverse range of players, from large, diversified NBFCs backed by major financial institutions to smaller, niche participants. The sector is subject to stringent regulations by the RBI. Abhinav Capital appears to be a smaller-sized NBFC, likely catering to specific segments or having a more localized presence, rather than being a large, pan-India diversified lender. Its positioning would be against a multitude of other small-to-mid-sized NBFCs and even larger banks for market share.
4. Competitive Advantage (Moat)
Given its likely smaller scale and the generic nature of its stated business activities (financing, investing, trading), Abhinav Capital Services Ltd. does not appear to possess strong, readily identifiable durable competitive advantages (moats) like significant brand recognition, extensive network effects, proprietary technology, or high switching costs typical of larger financial institutions. Its competitive edge, if any, might stem from a niche focus, agile decision-making as a smaller entity, or strong relationship-based lending in its target markets. However, these are generally weaker moats in the face of broader industry competition.
5. Growth Drivers
Growing Demand for Credit: India's economic growth and increasing financialization of the economy drive sustained demand for credit across various segments (retail, SME, corporate).
Financial Inclusion: Untapped or underserved markets, particularly SMEs and individuals in semi-urban/rural areas, present growth opportunities for NBFCs with the right strategy.
Digital Adoption: Leveraging technology for faster loan processing, customer acquisition, and operational efficiency can help reduce costs and expand reach.
Strategic Investments: Prudent investment decisions in promising sectors or undervalued securities can yield capital gains and enhance profitability.
6. Risks
Credit Risk: The primary risk for any lending institution, default by borrowers directly impacts asset quality and profitability.
Interest Rate Risk: Fluctuations in market interest rates can impact its net interest margins (NIM) and the valuation of its investment portfolio.
Regulatory Risk: Changes in RBI regulations for NBFCs (e.g., capital adequacy norms, asset classification, provisioning requirements) can significantly affect operations and profitability.
Competition: Intense competition from banks, larger NBFCs, and fintech companies can lead to margin pressure and difficulty in acquiring quality customers.
Liquidity Risk: Access to stable and cost-effective funding is crucial. A tight liquidity environment can increase borrowing costs.
Market Volatility: Its investment and trading activities expose the company to market risks, and adverse movements can lead to losses.
7. Management & Ownership
Abhinav Capital Services Ltd. typically has a significant portion of its ownership held by the promoter group (historically around 70%), which is common for smaller Indian listed companies, indicating strong promoter control and alignment with the company's long-term performance. Without detailed individual profiles, it is difficult to comment definitively on management quality, but for smaller NBFCs, the experience, risk management capabilities, and integrity of the leadership are critical for navigating the competitive and regulated financial landscape.
8. Outlook
Abhinav Capital Services Ltd. operates in a dynamic Indian NBFC sector that benefits from the country's economic growth and increasing credit demand. Its involvement in both financing and investment activities offers potential for diversified revenue streams. However, as a smaller player, it faces significant competition from larger, well-established banks and NBFCs, which can exert pressure on margins and market share. Its profitability is highly susceptible to credit risk, interest rate fluctuations, and changes in the regulatory landscape. Success hinges on its ability to identify and cater to profitable niches, manage risks effectively, and secure cost-effective funding in a highly competitive and regulated environment.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Market Cap ₹82 Cr.
Stock P/E 67.6
P/B 1.4
Current Price ₹118
Book Value ₹ 85.1
Face Value 10
52W High ₹179.9
Dividend Yield 0%
52W Low ₹ 103
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 2 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Provision for Tax | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 2 | 1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 2 | 1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
| Adjusted Earnings Per Share | 2.3 | 1.2 | 1.6 | 0.1 | 0.6 | 0.9 | 0.7 | 1.1 | 0.9 | 1.1 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2 | 3 | 2 | 3 | 3 | 4 | 3 | 7 | 13 | 15 | 5 | 4 |
| Other Income | 0 | 1 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 2 | 4 | 4 | 5 | 4 | 4 | 3 | 7 | 13 | 15 | 6 | 4 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Operating Profit | 2 | 4 | 4 | 5 | 4 | 2 | 2 | 6 | 13 | 14 | 4 | 4 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 3 | 2 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 2 | 3 | 4 | 4 | 3 | 1 | 2 | 6 | 12 | 11 | 2 | 4 |
| Provision for Tax | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 2 | 2 | 1 | 0 |
| Profit After Tax | 1 | 2 | 3 | 3 | 3 | 1 | 1 | 5 | 10 | 9 | 1 | 3 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | 2 | 3 | 3 | 3 | 1 | 1 | 5 | 10 | 9 | 1 | 3 |
| Adjusted Earnings Per Share | 2 | 3.3 | 4.6 | 5 | 3.8 | 1.5 | 1.9 | 6.8 | 14 | 13.4 | 1.7 | 3.8 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -67% | -11% | 5% | 10% |
| Operating Profit CAGR | -71% | -13% | 15% | 7% |
| PAT CAGR | -89% | -42% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -2% | 11% | 27% | 3% |
| ROE Average | 2% | 11% | 10% | 10% |
| ROCE Average | 5% | 15% | 13% | 14% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 16 | 19 | 22 | 25 | 28 | 29 | 32 | 46 | 60 | 77 | 80 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -0 | -0 | -0 | -0 | 0 | -0 | -0 | 3 | 5 | 7 | 7 |
| Total Current Liabilities | 2 | 8 | 5 | 28 | 15 | 11 | 0 | 2 | 0 | 38 | 0 |
| Total Liabilities | 18 | 26 | 27 | 53 | 43 | 39 | 32 | 52 | 65 | 122 | 88 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3 | 7 | 3 | 4 | 43 | 39 | 17 | 35 | 55 | 71 | 51 |
| Total Current Assets | 15 | 19 | 23 | 49 | 0 | 0 | 15 | 17 | 11 | 51 | 36 |
| Total Assets | 18 | 26 | 27 | 53 | 43 | 39 | 32 | 52 | 65 | 122 | 88 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 51 |
| Cash Flow from Operating Activities | 0 | 2 | -3 | -4 | -4 | -0 | 15 | -15 | 9 | 35 | -23 |
| Cash Flow from Investing Activities | -0 | -2 | 3 | 4 | 4 | 0 | -14 | 15 | 0 | 6 | 8 |
| Cash Flow from Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Inflow / Outflow | 0 | -0 | 0 | 0 | -0 | -0 | 0 | 1 | 10 | 41 | -15 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 1 | 11 | 51 | 36 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 2.01 | 3.32 | 4.63 | 4.98 | 3.77 | 1.49 | 1.86 | 6.78 | 13.98 | 13.37 | 1.74 |
| CEPS(Rs) | 2.09 | 3.37 | 4.66 | 5 | 3.79 | 1.5 | 1.86 | 6.78 | 13.98 | 13.37 | 1.74 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 23.52 | 26.84 | 31.47 | 36.45 | 40.5 | 42.04 | 45.95 | 67.15 | 87.23 | 111.29 | 115.3 |
| Core EBITDA Margin(%) | 92.98 | 93.96 | 91.56 | 90.68 | 93.43 | 52.64 | 57.74 | 90.96 | 95.51 | 93 | 80.69 |
| EBIT Margin(%) | 96.2 | 127.92 | 176.37 | 160.38 | 109.85 | 52.27 | 57.58 | 90.92 | 95.51 | 93 | 81.16 |
| Pre Tax Margin(%) | 96.08 | 112.92 | 170.67 | 144.05 | 92.46 | 26.59 | 54.4 | 87.49 | 91.85 | 71.19 | 37.56 |
| PAT Margin (%) | 62.83 | 77.37 | 135.18 | 114.72 | 76.87 | 23.79 | 39.52 | 69.86 | 73.11 | 60.54 | 22.05 |
| Cash Profit Margin (%) | 65.15 | 78.56 | 136.14 | 115.24 | 77.19 | 23.96 | 39.68 | 69.9 | 73.11 | 60.54 | 22.05 |
| ROA(%) | 8.16 | 10.36 | 12.14 | 8.62 | 5.42 | 2.51 | 3.61 | 11.21 | 16.5 | 9.87 | 1.15 |
| ROE(%) | 8.93 | 13.19 | 15.88 | 14.67 | 9.81 | 3.62 | 4.22 | 11.99 | 18.11 | 13.47 | 1.54 |
| ROCE(%) | 13.68 | 19.07 | 18.43 | 20.51 | 10.97 | 5.5 | 5.23 | 15.18 | 23.19 | 16.26 | 4.57 |
| Receivable days | 1886.31 | 1739.63 | 2568.44 | 3763.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 37 | 26.8 | 19.44 | 13.95 | 19.2 | 0 | 16.44 | 5.75 | 6.58 | 12.5 | 69.82 |
| Price/Book(x) | 3.17 | 3.32 | 2.86 | 1.91 | 1.79 | 0 | 0.66 | 0.58 | 1.05 | 1.5 | 1.06 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 23.14 | 22.39 | 26.19 | 15.87 | 19.1 | 4.04 | 6.44 | 4.2 | 4.02 | 6.68 | 8.81 |
| EV/Core EBITDA(x) | 23.48 | 17.34 | 14.77 | 9.86 | 17.34 | 7.68 | 11.16 | 4.62 | 4.2 | 7.18 | 10.86 |
| Net Sales Growth(%) | 78.79 | 33.92 | -20.22 | 26.81 | 13.07 | 27.78 | -25.16 | 106.7 | 97.06 | 15.49 | -64.19 |
| EBIT Growth(%) | 407.17 | 78.09 | 9.99 | 15.32 | -22.55 | -39.2 | -17.55 | 226.35 | 107.01 | 12.46 | -68.75 |
| PAT Growth(%) | 2469.21 | 64.92 | 39.39 | 7.62 | -24.23 | -60.45 | 24.31 | 265.37 | 106.25 | -4.36 | -86.96 |
| EPS Growth(%) | 2468.24 | 64.92 | 39.39 | 7.62 | -24.23 | -60.45 | 24.31 | 265.36 | 106.25 | -4.36 | -86.96 |
| Debt/Equity(x) | 0 | 0.27 | 0 | 0 | 0.53 | 0.37 | 0 | 0.05 | 0 | 0.49 | 0 |
| Current Ratio(x) | 7.79 | 2.45 | 4.87 | 1.74 | 0.01 | 0.01 | 86.08 | 7.55 | 62.64 | 1.35 | 96.63 |
| Quick Ratio(x) | 7.79 | 2.45 | 4.87 | 1.74 | 0.01 | 0.01 | 86.08 | 7.55 | 62.64 | 1.35 | 96.63 |
| Interest Cover(x) | 849.86 | 8.53 | 30.96 | 9.82 | 6.32 | 2.04 | 18.11 | 26.51 | 26.06 | 4.26 | 1.86 |
| Total Debt/Mcap(x) | 0 | 0.08 | 0 | 0 | 0.3 | 0 | 0 | 0.08 | 0 | 0.32 | 0 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 71.48 | 71.48 | 71.48 | 71.64 | 71.64 | 71.64 | 72.33 | 72.33 | 73.49 | 73.49 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 28.52 | 28.52 | 28.52 | 28.36 | 28.36 | 28.36 | 27.67 | 27.67 | 26.51 | 26.51 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.49 | 0.49 | 0.49 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.51 | 0.51 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.19 | 0.19 | 0.18 | 0.18 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.69 | 0.69 | 0.69 | 0.69 | 0.69 | 0.69 | 0.69 | 0.69 | 0.69 | 0.69 |
* The pros and cons are machine generated.
You May Also Know About
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.